Mitesh Thakkar: BUY Larsen & Toubro, TCS, CoForge; SELL IDFC First Bank
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open slightly positive. Global stock markets have been touching fresh highs every week and Indian market sentiment is also positive. We can expect NSE Nifty to touch a fresh all-time high in today’s trading session.
Thakkar has suggested BUY Trade for infrastructure major Larsen & Toubro with a stop loss of 1,489, target at Rs 1,535. Traders can initiate a BUY Trade for technology services major TCS with a stop loss of Rs 3,325, target at Rs 3,500. TCS is looking strong on the charts.
Thakkar has suggested BUY Call for CoForge with a stop loss of Rs 4,030, target at Rs 4,160.
Thakkar has suggested SELL Call for small private banking counter IDFC First Bank with a stop loss of Rs 58.2, target at Rs 54.25.
All trades should be carried out with strict Stop Loss. In case the trade doesn’t happen as per expectations, it is good to exit the trade if the call is in profit. TopNews will review performance of trading calls by the end of the trading session.